Allbirds stock plunges after company admits missteps, unveils new strategy

Footwear retailer Allbirds had a disappointing holiday quarter and failed to post year-over-year sales growth for the first time in its history.

Allbirds stock plunges after company admits missteps, unveils new strategy
Footwear retailer Allbirds had a disappointing holiday quarter and failed to post year-over-year sales growth for the first time in its history.